22, SALCOMBE DRIVE, REDHILL, NOTTINGHAM, NG5 8JF - £232,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 SALCOMBE DRIVE is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £232,500 in December 2018, which was around 13% below the average December 2018 detached price in the Gedling local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

22 SALCOMBE DRIVE Sold Prices

Land registry data shows three sales for 22 SALCOMBE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 22 SALCOMBE DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 4 DEC	£232,500	£267,523	13% below HPI
2006 18 AUG	£184,950	£200,811	8% below HPI
2003 20 JUN	£152,000	£175,247	13% below HPI

22 SALCOMBE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 22 SALCOMBE DRIVE sales between June 2003 and December 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 SALCOMBE DRIVE?

22 SALCOMBE DRIVE is 73m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 22 SALCOMBE DRIVE lies on this distribution: 10% of detached houses are smaller than 22 SALCOMBE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Arnold.

22 SALCOMBE DRIVE: Plot and Title Map

22 SALCOMBE DRIVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 22 SALCOMBE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 SALCOMBE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 SALCOMBE DRIVE?

22 SALCOMBE DRIVE is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 22 on SALCOMBE DRIVE.